Investing

Midday Market Movers: Nautilus Surges, Idenix Pharma Collapses

The stocks which have made moves at midday:

Idenix Pharmaceuticals (NASDAQ: IDIX) off 47% to $3.17 based on an announcement that the company received verbal notice on Friday, September 3, 2010 from the U.S. Food and Drug Administration that the IDX184 and IDX320 programs have been placed on clinical hold.

GT Solar International (NASDAQ: SOLR) is down 10% to $7.87 after disclosing that it would have a secondary offering of 10,000,000 shares of its common stock by one selling stockholder.

Nautilus (NYSE: NLS) is higher by 8% to $1.41 after it announced that it raised $5 million from a debt sale to its largest shareholder–Sherborne Investors GP .

Douglas A. McIntyre

 

Thank you for reading! Have some feedback for us?
Contact the 24/7 Wall St. editorial team.

AI Portfolio

Discover Our Top AI Stocks

Our expert who first called NVIDIA in 2009 is predicting 2025 will see a historic AI breakthrough.

You can follow him investing $500,000 of his own money on our top AI stocks for free.